You’re watching the Main Daily Trading Signals for Friday. I’m Louise McCauley and here’s how the technical models compare with the interbank stance at 8 AM GMT. Euro/Dollar is mostly bearish on its hourly chart. The mid and long-term scales turn neutral with 5 and 6 studies, respectively, and they are in line with the less than 4% short interbank stance. Pound/Dollar’s short-term scale is split between red and neutral models. The mid and long-term charts bring 5 neutral indicators each, but, in contrast, the interbank is bullish at more than 21% long. Dollar/Yen has neutral indicators prevailing across the table, with 5 in both the short and mid-term and 4 in the long-term, but they are not supported by the interbank, which is strongly bullish at more than 53% long. Next up is the Pound/Yen with 5 and 6 neutral models on its 1 and 4-hour charts, respectively. The daily outlook turns green with 6 studies. Neutral at less than 13% long, the interbank confirms the short and mid-term studies. And Euro/Yen is overwhelmingly bearish on its hourly chart, but the mid and long-term scales turn neutral with 5 and 6 studies, respectively, and they are backed up by the less than 5% short interbank. That’s all for Friday’s Primary Daily Trading Signals, but we’ll be providing you with the latest updates throughout the day, so check back.
You’re watching the Main Daily Trading Signals for Friday. I’m Louise McCauley and here’s how the technical models compare with the interbank stance at 8 AM GMT.
Euro/Dollar is mostly bearish on its hourly chart. The mid and long-term scales turn neutral with 5 and 6 studies, respectively, and they are in line with the less than 4% short interbank stance.
Pound/Dollar’s short-term scale is split between red and neutral models. The mid and long-term charts bring 5 neutral indicators each, but, in contrast, the interbank is bullish at more than 21% long.
Dollar/Yen has neutral indicators prevailing across the table, with 5 in both the short and mid-term and 4 in the long-term, but they are not supported by the interbank, which is strongly bullish at more than 53% long.
Next up is the Pound/Yen with 5 and 6 neutral models on its 1 and 4-hour charts, respectively. The daily outlook turns green with 6 studies. Neutral at less than 13% long, the interbank confirms the short and mid-term studies.
And Euro/Yen is overwhelmingly bearish on its hourly chart, but the mid and long-term scales turn neutral with 5 and 6 studies, respectively, and they are backed up by the less than 5% short interbank.
That’s all for Friday’s Primary Daily Trading Signals, but we’ll be providing you with the latest updates throughout the day, so check back.
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